On the technical side, SOL's daily chart shows that the previous K line was blocked at the upper band, forming an upper shadow. During the day, it opened to test around the 7-day moving average.

In the four-hour view, the market broke through the upper band and formed a pin bar on a pullback. Currently, it is oscillating below the 7-day moving average, with the Bollinger Bands slightly narrowing. The MACD fast and slow lines are turning down with decreasing volume. Chuan Ge suggests going short around 245, with a target of 230.